South Korea to curb Google, Apple commission dominance on in-app purchases
A South Korean parliamentary committee voted to amend a law toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases,...
Singapore’s SGX unveils paper proposing mandatory climate reporting
The Singapore Exchange Regulation (SGX RegCo) has published a consultation paper that is suggesting bolstering disclosure requirements for companies around climate risk.
RBI panel recommends new regulatory framework for cooperative banks
A Reserve Bank of India (RBI) panel has proposed a new four-tier structure for regulating and improving urban cooperative banks (UCBs).
SEC and DOJ charge ex-CEO of Silicon Valley startup HeadSpin with $80m fraud
The Securities and Exchange Commission (SEC) charged the former CEO of HeadSpin Manish Lachwani with defrauding investors out of $80m by falsely claiming the company had achieved strong and consistent...
FCA concerned insurers unprepared for governance regulation
The UK’s Financial Conduct Authority worries many insurance firms are not prepared for upcoming product governance regulation changes.
Why firms might need to reassess the use of in-house document and excel products
As regulations continue to become more stringent, the tools companies have got used to using may soon be inadequate for meeting compliance.
SEC fines Healthcare Services Group $6m over contingency reporting lapses
Healthcare Services Group agreed to pay $6m as part of a settlement with the Securities and Exchange Commission (SEC) for contingency reporting failures that led...
US teams with Singapore to tackle cybersecurity, sustainable finance challenges
The US and Singaporean governments have entered into a new cooperation agreement to partner in the key areas of cybersecurity, the economy and the climate.
MioTech to upgrade ESG data services on the back of Series B+ close
MioTech, an AI-powered sustainability data and solution developer, has closed its Series B+ round, which will help it increase product development efforts.
Indonesian financial authority unveils digital banking regulatory framework
Indonesia’s Financial Services Authority (OJK) has introduced a regulatory framework for digital banks in its updated commercial banking regulations.
